Tankoos steered the icon to greatness through 1970, when he sold the lease to David H. McConnell and Robert C. Wetenhall, who were partners in an investment firm in New York and part owners of the New England Patriots. Soon, the co-owners embarked on a renovation that included the facilities and rooms. McConnell and Wetenhall were committed to the local communities, promising to hire contractors from the region.
In 1986, McConnell transferred his share to his cousin, Hays Clark, who increased the size of it in 1990 (Wetenhall remained involved). In 2001, Roger Everingham (General Manager) and Rob Russell (Entertainment Director) installed a supper club featuring cabaret performances in The Colony’s Royal Room. The program booked its share of stars, causing a sensation on the scene in Palm Beach.
With Clark’s passing in 2006, Rosamond Clark (his widow) and his children assumed ownership. The Clarks ran The Colony with care and, in 2014, recruited interior decorator Carleton Varney (of Dorothy Draper and Company) to execute a $9 million refurbishment. Varney decorated each room with its own distinctive theme, splashing the place with bold hues and lushness. It was he who introduced the famous “Brazilliance” pattern in the halls—and it was he who painted the exterior pink.